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2016-04-25_GENERAL DOCUMENTS - C200987
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2016-04-25_GENERAL DOCUMENTS - C200987
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Last modified
8/24/2016 6:21:09 PM
Creation date
4/26/2016 1:22:49 PM
Metadata
Fields
Template:
DRMS Permit Index
Permit No
C2009087
IBM Index Class Name
General Documents
Doc Date
4/25/2016
Doc Name
Interim Order Authorizing Debtors to Obtain Post-Petition Financing Pursuant to 11
From
United State Bankruptcy
To
DRMS
Permit Index Doc Type
General Correspondence
Email Name
MPB
JRS
JLE
Media Type
D
Archive
No
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Case 16-42529 Doc 108 Filed 04/14/16 Entered 04/14/16 17:28:56 Main Document <br />Pg 60 of 70 <br />reimbursements of expenses of Specified Lenders in accordance with paragraph 27 of this <br />Interim Order, which reimbusements and expenses shall be allocated in accordance with the <br />proviso contained in paragraph 27(a) of this Interim Order, and (D) the limitations on the use <br />of Collateral (other than Pre -Petition Collateral) contained in this paragraph 20 shall not apply <br />to those matters described in paragraph 4(1) of this Interim Order. <br />21. Reservation of Rights. Nothing contained in this Interim Order shall prejudice <br />the rights of the Debtors or any other party in interest (including the Specified Lenders) with <br />respect to, and the Debtors, the Pre -Petition Secured Parties and all parties in interest <br />(including the Specified Lenders) reserve all rights with respect to (i) the allocation of <br />expenses and operating costs of the Debtors among the Debtors' unencumbered assets and the <br />Collateral of the Pre -Petition Secured Parties and (ii) any past or future transfers of cash or <br />others assets into Global Center or any other non -Debtor. Further, nothing contained in this <br />Interim Order shall prejudice the rights of any party to commence a declaratory judgment <br />action (or any other action) seeking a determination with respect to the CNTA Dispute. <br />22. Priorities Among Pre -Petition Secured Parties. Notwithstanding anything to <br />the contrary herein or in any other order of this Court, in determining the relative priorities and <br />rights of the Pre -Petition Secured Parties (including, without limitation, the relative priorities <br />and rights of the Pre -Petition Secured Parties with respect to the Adequate Protection <br />Obligations granted hereunder), such priorities and rights shall continue to be governed by the <br />Existing Secured Agreements including, without limitation, the ICA. <br />23. Maintenance of Letters of Credit. To the extent permitted by the DIP <br />Documents, the Debtors are authorized to maintain and renew letters of credit issued under the <br />DIP Credit Agreement on an uninterrupted basis, in accordance with the same practices and <br />
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